August 2024, Binance announced key updates to its margin trading fees. For instance, Cross Margin Pro liquidation fees increased from 2% to 3%, while Isolated Margin fees were simplified to a fixed 2%. These changes aim to improve market stability and user protection, especially for those using high leverage in margin trading.
Additionally, Binance continues to offer a 25% discount on trading fees when using BNB for payments, with standard spot trading fees starting at 0.1%. Users can reduce fees further based on their trading volume and VIP tier#BTCBreaks66K #GrayscaleConsiders35Cryptos #BNSOL #BTCUptober #MemeCoinTrending